Microsoft Corporation (MSFT) Stock Forecast
MSFT analyst forecast
as of October 18, 2026- Analyst consensus
- Strong buy 4.66 / 5 from 56 analysts
- Price target
- $599.24 average of analyst targets
- Upside to target
- +13.3% from the latest close
- Next earnings
- October 28, 2026 EPS estimate $4.71
- 52-week range
- $352.83 – $543.45
MSFT analyst ratings
56 analystsNumber of analysts at each rating.
MSFT price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
MSFT earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $4.72 | $4.43 | $4.86 | $4.13 | +14.2% | 26 |
| Next quarter (Dec '26) | $4.82 | $4.65 | $4.97 | $4.14 | +16.4% | 26 |
| Current fiscal year (FY2027) | $19.78 | $19.21 | $20.70 | $17.28 | +14.5% | 34 |
| Next fiscal year (FY2028) | $23.72 | $22.08 | $26.00 | $19.78 | +19.9% | 33 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
MSFT revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $90.71B | $89.64B | $92.66B | +16.8% | 38 |
| Next quarter (Dec '26) | $95.63B | $93.53B | $98.41B | +17.7% | 37 |
| Current fiscal year (FY2027) | $391.35B | $380.00B | $402.72B | +17.9% | 50 |
| Next fiscal year (FY2028) | $468.28B | $433.19B | $503.00B | +19.7% | 51 |
MSFT EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
MSFT revenue: reported and forecast
MSFT EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $4.62 | $4.72 | $4.72 | $4.72 | $4.72 | +2.1% | 2 up · 1 down |
| Next quarter (Dec '26) | $4.79 | $4.83 | $4.82 | $4.83 | $4.82 | +0.6% | 2 up · 3 down |
| Current fiscal year (FY2027) | $19.39 | $19.73 | $19.76 | $19.77 | $19.78 | +2.0% | 5 up · 0 down |
| Next fiscal year (FY2028) | $22.61 | $23.57 | $23.59 | $23.68 | $23.72 | +4.9% | 4 up · 2 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
MSFT earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; MSFT beat in 12 of 12.
What analysts expect from MSFT
56 analysts cover Microsoft; their consensus rating is strong buy (4.66 on a 1–5 scale, where 5 is a strong buy). The average price target is $599.24, 13.3% above the latest close of $529.05. Analysts expect earnings of $19.78 per share for FY2027, +14.5% from a year earlier. For FY2028 the average estimate is $23.72 per share on revenue of $468.3 billion. Microsoft beat the EPS estimate in 12 of the last 12 quarters.
Related: MSFT income statement, MSFT key metrics, MSFT chart. See the MSFT stock overview for the latest quote and news.
MSFT forecast FAQ
What is Microsoft's price target?
The average analyst price target for Microsoft is $599.24, 13.3% above the latest close of $529.05.
Is Microsoft a buy, hold or sell?
Of 56 analysts covering Microsoft, 40 rate it a strong buy, 13 a buy, 3 a hold, 0 a sell and 0 a strong sell, a consensus of strong buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Microsoft's EPS forecast?
Analysts forecast $19.78 per share for FY2027 (range $19.21 to $20.70); for FY2028 the estimate is $23.72.
What is Microsoft's revenue forecast?
The average revenue estimate for FY2027 is $391.3 billion, growth of 17.9%; for FY2028 it is $468.3 billion.
When does Microsoft report earnings?
Microsoft is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes; the EPS estimate is $4.71.
Does Microsoft usually beat earnings estimates?
Microsoft reported EPS at or above the analyst estimate in 12 of the last 12 quarters.